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Casual Articles - Oasis in a Cash Flow Desert - Four Resources That Increase Small Business Capital Streams
So you are in a baseball league that will be competing with the next town’s squad of players? You have been practicing almost everyday, sweating it out too much in order to be in perfect shape for the upcoming major event. However, you do not have enough money to produce uniforms for each. You know it to well that without the proper attire, it can be a chance for that game to be forfeited. “Hey, I have to do something about it,” you tell yourself. “I just cannot let this slip by. What if we have stage a sports fund raising program,” simply brilliant you thought.All Star Fundraisers is a spor
IntroductionStudies have shown that large numbers of organisations aim to introduce some form of structured change or improvement programme each year (in some studies this can be as high as 60-70% of all organisations), but few of these programmes will achieve changes that are sustainable. Many of the change programmes invested in by organisations across a wide range of sectors will actually end up costing more than they deliver in the way of improvements, although they may appear for a short time to have delivered some improvement or even provide a ‘sticking plaster’ temporary soluti
Many of us would like to operate our companies the same way we do our personal lives. If we need a new lawn mower, we simply pull out the trusty credit card, sign on the dotted line and put off worrying about it until next month. Meanwhile, we enjoy the benefits of the new equipment, at least for the time being, without it costing
The other day a guy contacted me and told me he was interested in buying a business that was far away from where he lives. And he was almost frantic about what to do as far how much information he should get from the seller before planning the four-hour flight and face-to-face visit. Here's what I told him: The main things you’re looking for with an owner before getting on the plane are the same questions you would ask if he was just down the block: 1.) What is the price on it. 2.) What is the net profit. And besides that, before you
Many of us would like to operate our companies the same way we do our personal lives. If we need a new lawn mower, we simply pull out the trusty credit card, sign on the dotted line and put off worrying about it until next month. Meanwhile, we enjoy the benefits of the new equipment, at least for the time being, without it costing
Mergers, acquisitions, layoffs, reorganizations, change. . . all of these modern-day business phenomenon have had a tremendous impact on the level of trust in most organizations. Gone is the era of lifetime employment. Today, organizations consider themselves lucky to retain an employee for five years. And, when we analyze the reasons for this change of landscape, most of the data points to one issue: employees don’t trust employers and employers don’t trust employees.Yet, organizations don’t build trust. Managers, supervisors, and organizational leaders who work with employees on a day-
Many of us would like to operate our companies the same way we do our personal lives. If we need a new lawn mower, we simply pull out the trusty credit card, sign on the dotted line and put off worrying about it until next month. Meanwhile, we enjoy the benefits of the new equipment, at least for the time being, without it costing
Pride. Envy. Gluttony. Lust. Anger. Greed. Sloth. You either recognize these as the seven deadly sins or as themes for prime-time television. Nonetheless, you were probably taught as a child that these are bad and you shouldn't do them. For purposes of this article, do as you were taught and think bad when you commit these similar sins in the workplace.As leaders, we are continually being introduced to new techniques and theories. Hammer & Champy's Business Process Re-engineering Model, McKinsey's 7-S Framework, and Kenichi Ohmae's 3C's Strategic Triangle are all examples of strategic models
Many of us would like to operate our companies the same way we do our personal lives. If we need a new lawn mower, we simply pull out the trusty credit card, sign on the dotted line and put off worrying about it until next month. Meanwhile, we enjoy the benefits of the new equipment, at least for the time being, without it costing
There’s a scene in the movie, Anne of Green Gables, where Anne gets on her knees and prays by her bed. Marilla is sitting on the bed, listening. Anne concludes her prayer by saying to God, “I remain respectively yours, Anne, with an e.” Anne then asks Marilla how she sounded. “Fine,” says Marilla, “if you were addressing a business letter to the catalog store.”Marilla’s point was that Anne’s prayer to God should not have been impersonal and formal. The same goes for your fundraising letters. They need to be personal and informal, and they need to look person
In business, however, whipping out the plastic to cover expenses is definitely not the best idea. Many have given in to this temptation, and are paying the heavy cost of damaged or ruined credit. And with that, their chances of digging out of the hole with oth
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